learned EXCLUSIVE: FBiH Government prepared to sell both telecoms

The BiH authorities are ready to do anything to receive the money the IMF. So the federal government is prepared to sell both Telecom and what is stated in the draft letter of intent, around which will soon all align.His intentions are put on the 17 pages of text where the promise of reform and its own inaction in some areas - especially when it comes to the banking sector and to veterans.

That the government would sell his share in Bosnalijek and Sarajevo Insurance has long been clear. They promise to do so in the next two months. You say they are currently working on the operational and financial restructuring FDS and aluminum in order to sell them by March next year.The privatization of Energopetrol and Energoinvest go to more and more complicated, according to the government, but their debts are planning to rehabilitate them and sell these by the end of December 2017. And then comes the most interesting part.

By October this year, the Government is planning, in cooperation with the World Bank Group and the EBRD, to assess the value of two telecoms, and then to the end of 2017 and sell.Thus, the Government of the Federation could lose its two most profitable companies, which each year generating a profit of tens of millions of marks.For example, a report on the operations of BH Telecom last year shows that the brutodobit amounted to almost 90 million. Only on the basis of dividends from 2006 to 2014 this public company in the Budget of the Federation of Bosnia and Herzegovina paid close to two billion KM.

Hayat TV has already announced that it plans to resolve the issue of the Swiss in a way that borrowers will not be satisfied. So government promises not to take any actions that threaten financial stability, including the imposition of any obligations conversion of loans in foreign currency in the domestic.

It says the Government, the following sentences, they are aware of the crucial importance of this commitment to the success of the Extended Arrangement. Why and to whom it is essential to be answered Prime Minister Fadil Novalić, but other members of the Government.Obligations before him, for the sake of hundred million marks new debt, putting the federal government's passivity when it comes to veterans. The government is committed to accelerate the revision of pension beneficiaries achieved under favorable conditions, but also promises its restraint of amendments to the law governing veterans' benefits. They claim that this will work, and only in consultation with staff of the World Bank and the IMF.

Many advocate the principle that all measures are taken they think should be made available to the public, in order to know what you are planning to do, to provide new debt, but all governments in BiH this hidden from the public that the process is non-transparent.

• 28 May, 2016
• 921 views